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Home My WebLink About0016 3. To place and COntinu0ui(y Acrp on tne 6w J~"~s no~v or hereafter i~tuate on s.,~d ~and and on ~!I rq~iy•mcn! an~ persona~ly to.ered by lhis mor ege, w~th all prcrc~;~:~~s ~horeun pa.d ~n f~:l, f~re ins,;~a::ce ~n ~he us~al ~t~nd,~d po~~c,r form, in a s~m aHpro.ed by thr h10R~vaGEE, and w~:~ds~o ~nsurance in the ~sual uandard po:.cy forin, in a wm appro~rd by ~he MORTGAGEE, in such ton,Na~~y or campan~es as the h10R1GAGEE m duect; and aU fire ard w~+~dstorm i~uurante po~~c~es o~ a~~y o) sa~d bu~id,ngi, any iMerest tharein or part thereof, in the aggrega~e sum aloresa~d excess thereof, sh,~lt.:ont.,~n iha uwai ~tw~~ard ~r~o,~3.,gze uause or su:h other cln~se as the Mongagee ~,ay ~eq~.re, making ihe ~oss unJe~ sa~d po ues, each and every, payabfe to sa~d ;titJRiGAGfE as ~rs inre~ast may appea~, and ea~h and eve~y wch po',c~ shail be p~omplly aesg~~rd a~~d de~ivcred ' any held by sa~d AtOR[GAGiE as fwrher s_wr~ry to s~~d ~>>orTgagr drb~, and, no~ tess ~han te» (101 days in ad+a"ce of ihe expi~at~a~ of each po~~cy, ~o d. I~ve~ to ea~d MORTGAGEE a renewat thereof, toge~her with a rece~pt for the premi~m of such rene+va~; and thrre shal! be no fne o~ ~~;~~ds+o~m insurant plated on any oi sjid bui!dings, a~y i~verest there~n w par~ thereof, unless in the torm a~xl wnh the loss payab:e as afo~esaid; ar.d in the eveM any sun of money beco~~es payabEe undrr such po(icy or pol,c~~s s~id A50RiGAGEE sfi;ll have ~he opt~on to rec~~v~ and app!y tna sa~ne on account oi ~he ind~bred nrss sec~red hereby or ro perrnit sa~d MORTGAGORS to ~ecr~ve and use ii a any p~rr Th•~:~~of lor oc~,•v y;u~; ~srs, .•,.~n;,,s ihr~ a; c. ~~:~p;,~. ~nq any equrty, lien or righ~ under or by vireue of this mortgoge; and in the eveM sa~d MORT(,AGORS shall for any reason fail to kcep the sald premises so ~nsured, or iail to deGve~ pro~nptly any of s~id po6c~es of inwrante to 3did MORTGAGEf, or fad p:ornp;7y to pay tuily any prem~um therefor or in any ~espea fai! 1o perform, d~scharge, execute, effect, complet~, co:nply with and abide by this covenant, or any part hereof, said MGRiGAGEE may pi~ce a.o pay fw such inwrance or a~y parl the~eof w~~houi warving or affecting any optlon, Gen, equrty, or nghi ~nder w by v~rtue of ~hu hlo:rgage, and the full anwunt of eacA and every such paymant shall be ~mmediately due and payable and ahall bear inte~est f~om 1he date thereof until paid at the rote of n~ne per cenwm per annum and to~ether wi~h wch interest shali be srtured by Ihe lien o( th~~ mortgage. d. To permit, tommit or suffer no waste, impairment or deterioration of said property a any pa~t thereof. S. To pay all and sing~lar the costs, charges and expenses, indud~ng a reasonable at~o.ney's fee and costs of abstracts of titfe, incurred or pa~d at any tirr:e by said MORTGAG;E, because o~ in ~he event of ine fa~lure on ~he part of the said h10RTGAGOR to dvly, promptly and fully perform, d~scharge' execure, eFfeU, co~nptete, comply w~th and ab.de by each and eve~y the stipulat:o~s, agreements, cond~tio~s, and covenants of sa~d promissory note and th~s ~~~ortgage any o? e~~her, and sa~d coats, charges and expenses, each and every, shail be immedrately due and payable; whether a not there be ~once d> mand, atte~npt to cotlect or suit pend~ng; and the fvll amount of each and eve~y such payment shall bsar interest from the date thereof untit paid at the r.,te o~ n~ne }~er crntum per anuurn; and all said costs, cha~ges and expenses inturred or paid, toge~hrr wdh such interes~, shall be secured by the Len of this mortqage. 6. That (a) in the event of any breach of this Mortgage or deFau~t on tM pa~t of the MORTGAGOR, or (b) in the event a~y of satd sums of money herein referred to be not prompdy and fulty paid wi+hin thUry (30) days nex~ afrer the same severa:~y become d~e and payable, without deman.d o~ notice, or (c) in rhr evrnt each and every the st;pulatians, a9reements. cond~nons a~d covenants of sa.d pio:nisso~y note and th~s mortgage any w e~ther are nat ~uly, promptly and futly performed, d.schargzd, exet~ted, effected,•compkted, compfed with and ab~ded 5y, then in e~ther or any such event the smd ag ~regate sum mennoned in said promissory note then remaining unpaid, with interest acuued, and all moneys setured h~reby, ihall become due and pay- able for~hwith, or thereafter, at the opt~on oi sa~d hlORTGAGEE, as fully and complete~y as if all of thr said sums of mp~ey were originatty sr~p~;ated ro be pa~d on such d:.y, anything in sa:d pro:n~ssory note or iri this Mwtgage to the tomrary notwiihst3nding; and thereupon or thereafter at rhe opt~on of sald MORIGAGEE, w~shoot no~:ce or demand, su~t at law or in equity, therefore or thereafrer begun, may be prosecuted as if all moneys secured hereby n~d matured pnor to ds instit~tion. 7. That in the event that ar the beginn~ng ef w at any t;me pend~~g any suit upon thls Mortgage, w to foreclose it, o~ to refam it, or to enforce payment of any ciaims he~eunder, sa;d MOR7GAGEE shall apply to ihe C:,~:s having ~ur~sd:ction Ihereof io~ !he appoiMmeM oF a Receiver, such Court shall ior:hwith app.,int a receiver of said mortg.g ~1 proprrty alI and :ing~:ar, inc;ud~ng a11 and s~ngular the income, prohts, issves a~d revenues frem vrhatever sou:ce dcrived, each and ev~ry of wh~ch, it be~ng expressly undersroad, is hereby morrgaqed af if speufica!!y sef fonh and dex~ibed in the g.anting and h,bendum dauses hereof, and such Receiver shall have alt the trc,ad and eifect~ve fun~t.ons and po,vers in anyw~se emrusted by a Coun to a Recaiver, a~~d s,ch appointment shatl be made by such Coun as an admitted equity a~d a matter of absolute ~~ght to said MORTGAGEE, and witir~ut referenca ro the adequaty or inadequacy of the value of the property mortgaged or to the so.venq or insoi~ency oi sa~d MORTGAGOR o~ the defendants, and that such renrs, protits, incane, issues and revenues shall be app~ied by such Receiver accord~ng to the iien w equity of said MORTGAGEE aad the practice of sucA Court. 8. To duty, promp~;y and (u17y perform, d~scharge, execute, effect, compfete, comply wirh and abide by each and every the stipulations, agreemeots, conditions and covenants in sa~d promissory noee and th~s mo~tgage set forth. 9. That in the event tke ownership of the mortgaged pren,ises, or any parf the~eof, becomes vested in a person o~her than the MORTGAGOR, th~ MORTGAGEE, its successws and assegns, may, wirho~t natice to the htORTGAOR, deal with svch suctessor pr successor in interest with reference to this n,o~tgage and the debt hereby secu+ed in the same manner as with Mortgagor w~thout in any way vit+a~ing or d~scharging the Mortgagors' liability here- :,nder w upon the debt hereby secured_ No saie of the Fren,ises hereby mortgaged and no forbearance on the part of the I'hORiGAGfE or its successors or assigns and no exrens~on of the time (or rhe payment of the deb! hereby secured given by the 110RTGAGEE or its svccessws or ass~gns, aiiall operate ro release, d~scharge, modify change or affect the orig;nal Gab~fty of the b'IQRTGAGOR herein, either in whote or in part, 10. It is spe:~fically agreed that time is of the essen~e of this contract artd that no waive~ of any obl~gat~on hereunder w of the obtigation se- cvred hereby shal~ ar any ~ime rhereafte~ be hctd 1o be a wa~ver of the terms hereo} or of the instrument secwed herby. 11. In addniun so the foregc]ig ~nonth!y payn;:nis of p~~nc pal and interest requ~red by the prom ssery nwr secured hereb~, mortgagor covenants +~-d agr~es to pay ro mor!gayee with each monrhiy ~,a~~.:ent an add~eional sum es~~mared by mortgagee to be equal to 1, 12 of the annual cost of the foflow- ~ ~g: A-A!! real propeny taaas levi_~ or ass:~ss.d ag.~~•~st tht• above desvibcd real estate. • B- Pr~r.,~u ns on fire and wi~:dsto-m mwr~nce as here~n requ;red to be carried en the ~mprovements rtuate on thc abovc d:scr~bed premises, C-Premi~ms on such mortgaye guaranty ir.swa.~ce as mortqagee shali from tlme to time deem fit to carry on the loan secured hereby. Nortgagee s:^.~'i from ti~ne to t~r.ie ~~ot;fy mortyagcr in writ{ng of the arr.ou~t dve and payabfe hereundar and such sum shal! the~eupon be due and :.~yable on the cfue oare of ~he next, monihi/ pa~:,~ent and each successive month thereafter ur,til mortgagee shall not~fy mongagor of a chaoge in such _ ount. Such wms s~~.l be app:ird by mcrtgagee roLVard the payment of real property taxes, insurance prem:ums, mid mortgage guaranty insurance :,•emiums. ' N YjITTJESS ':.HEREOf, the said h10RTGAGOR has he~e~nto set his hand and seal th? day and year first aforesaid. i gn , S~aled and del' e in the presence of: ~ ~ ~ _ , _ _ • . . Sean vin L. Bro ing ts~ai? i - _ ' (Seap - _ _ Carol W. Brownin ~~ai~ S;aTE OF FIORIDA ~ ' St . Lucie ~OUNTY OF ~ Before me personally appeared Calvin 1.. Browninq and ,~IO1 41~. Browning his wife, to me well known and known fo me to be tha indiv;duals described in and who executed ihe foregoing instr~ment, and acknowlec/ged be(we me that they executed the same fw the purposes rherein expressed. And the said CaZ01 lU' BYOWIl1L1q r:ife of the said Calvin L. Browning - ~Po„ a separate snd_priraq etaminaror. by me takzn separate and apart from h¢r said husband, atknowledged to and before me that she executed said insttument fste~y snd vplun.' ~a~~iy and w~thout any computsfon, constraint, apprehen~, or fear of or from her said husband. ' WIiNESS my hand and offiual seal thls__ day ot~ , June A. D. 19 72 otary PubGc in and the St of F a st ta~ My Commission ex ues. i±_ Return To: `y J First Federa) Savir.gs 3 Loan Associat~on Of Fort P ~•ee FOri Pirrce. Fluricj3 .h~ ntCUf1~€~ f ~ FIL~4 st tuc~c couNtr ~ L AOG'r~ ~'~~tRl?S CtEgK C;;Gillt GOUR~ Y~` This Instrument Prepared By John W. Collins !tECORG ~~':`F~~~~~r First Federal Savings 8 Loan Association ~ pu ~9~ flf-F,Qrt Pierce , Florida ~ t~ ~ Checked By ~ _ ~O~$Q BcRK 203 Nack 16 ~ ~ . : _ . d' ' ~ . . a ~ . _ . . . ~ ,~~y.+?' ~ d _ L , . .~r -9?' f,s ~ ~ . w~.a} ~ . ~ 5+"'~~ ~ ~ . ~ ~ ` aa uk,'s..~ - ~t'"~," . . ~~~y.s~~ m~ _~v:~x` . s-.'b~s`S~~F 'Si~~Y`r.~~'~